News / Banker queries delay completion of Hapag-Lloyd-UASC merger

22/03/2017

The delay in the merger between Hapag-Lloyd and UASC is due to some of the Gulf carrier’s creditor banks “seeking additional security” from UASC’s sovereign backers, according to an Alphaliner report.

UASC’s current primary shareholders are Qatar Holding and the Public Investment Fund Saudi Arabia, which after ...

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